J. Barkley Rosser, Jr.

J. Barkley Rosser, Jr.

Born	1948 Ithaca, New York, USA
Nationality	American
Field	Economics, Complexity
Alma mater	UW Madison, Wisconsin; USA

John Barkley Rosser, Jr. (born 12 April 1948) is a mathematical economist and Professor of Economics at James Madison University in Harrisonburg, Virginia since 1988. He is known for work in nonlinear economic dynamics (Rosser, 1991), including applications in economics of catastrophe theory (Rosser, 1983), chaos theory (1990), and complexity theory (Rosser, 1999, 2001, 2004) (complex dynamics). With Marina V. Rosser he invented the concept of the "new traditional economy" (Rosser and Rosser, 1996). He introduced into economic discourse the concepts of chaotic bubbles (Rosser, 1991, op. cit., p. 291), chaotic hysteresis (op. cit., p. 326), and econochemistry (Rosser, 2006, p. 232, footnote 8). He also invented the concepts of the megacorpstate (Rosser, 1981) and hypercyclic morphogenesis (Rosser, 1991, op. cit., p. 228). He was the first to provide a mathematical model of the period of financial distress in a speculative bubble (1991, op. cit., Chap. 5). With Marina V. Rosser and Ehsan Ahmed, he was the first to argue for a two-way positive link between income inequality (economic inequality) and the size of an underground economy in a nation (Rosser, Rosser, and Ahmed, 2000).

Background and personal life

Born in Ithaca, New York, Rosser received a BA in economics with a minor in mathematics in 1969, an MA in economics in 1972, and a Ph.D. in economics in 1976, studying with Eugene Smolensky, all from the University of Wisconsin–Madison.

On August 15, 1984 he became legally engaged to the former Marina Rostislavovna Vcherashnaya in Moscow, USSR, officially set to be married at 3 PM, November 13, 1984. After he returned to the United States, she was forced to resign from her position as Senior Researcher in the Institute of World Economy and International Relations (IMEMO). He was not granted a visa to return to Moscow to marry her, making them into a blocked marriage case. This violated the Helsinki Accords, signed by the Soviet Union in 1975. After diplomatic efforts, linked to the emerging perestroika program of Soviet leader, Mikhail Gorbachev, their case was resolved when Marina was allowed to travel to the United States on April 4, 1987. This was the first resolution of such a case in the Soviet Union, and became a precedent helping to establish in international law more generally the right of people to marry freely whom they choose across national boundaries. They married on May 24, 1987, and she is now Professor of Economics at James Madison University also.

His father was the late J. Barkley Rosser Sr. (1907–1989), a prominent mathematician.

Career

Rosser joined the economics department at James Madison University in Harrisonburg, Virginia in 1977, where he has been Professor of Economics since 1988 and Kirby L. Cramer, Jr. Professor Business Administration since 1996. He has published several books and about 150 journal articles, book chapters, and book reviews in a wide variety of sub-fields of economics (see External Link for recent papers and complete cv). He served as Editor of the Journal of Economic Behavior and Organization, 2001–2010, becoming Coeditor on 1/1/11.

In 2009, Rosser was named a Fellow of Economists for Peace and Security. In 2010 he received a festschrift, Nonlinear Dynamics in Economics, Finance, and the Social Sciences: Essays in Honour of John Barkley Rosser, Jr., edited by Gian-Italo Bischi, Carl Chiarella, and Laura Gardini, Berlin Heidelberg: Springer. In 2011, he received an Ouststanding Faculty Award from the State Council on Higher Education in Virginia.

References

• J. Barkley Rosser, Jr. From Catastrophe to Chaos: A General Theory of Economic Discontinuities. Boston/Dordrecht: Kluwer Academic Publishers, 1991 (2nd edition, same title, Volume I; Mathematics, Microeconomics, Macroeconomics, and Finance same publisher, 2000).
• J. Barkley Rosser, Jr. “Reswitching as a Cusp Catastrophe.” Journal of Economic Theory October 1983, 31(1), pp. 182–193.
• J. Barkley Rosser, Jr. “Chaos Theory and the New Keynesian Economics.” The Manchester School of Economic and Social Studies September 1990, 58, pp. 265–291.
• J. Barkley Rosser, Jr. “On the Complexities of Complex Economic Dynamics.” Journal of Economic Perspectives Fall 1999, 13(4), pp. 169–192.
• J. Barkley Rosser, Jr. “Complex Ecologic-Economic Dynamics and Environmental Policy.” Ecological Economics April 2001, 37(1), pp. 23–37.
• J. Barkley Rosser, Jr., ed. Complexity in Economics: The International Library of Critical Writings in Economics 174, Vols. I-III. Aldergate, UK: Edward Elgar, 2004.
• J. Barkley Rosser, Jr. and Marina V. Rosser. Comparative Economics in a Transforming World Economy. Chicago: Irwin, 1996 (2nd edition, Cambridge, MA: MIT Press, 2004).
• J. Barkley Rosser, Jr. “The Nature and Future of Econophysics.” In Arnab Chatterjee and Bikas K. Chakrabarti, eds. Econophysics of Stock and Other Markets. Milan: Springer, pp. 225–234, 2006.
• J. Barkley Rosser, Jr. “The Emergence of the Megacorpstate and the Acceleration of Global Inflation.” Journal of Post Keynesian Economics Spring 1981, 3(3), pp. 429–439.
• J. Barkley Rosser, Jr., Marina V. Rosser, and Ehsan Ahmed. “Income Inequality and the Informal Economy.” Journal of Comparative Economics March 2000, 28(1), pp. 156–171.

External links

• John Barkley Rosser, Jr.'s Home Page

Persondata
Name	Rosser, J. Barkley, Jr.
Alternative names
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Date of birth	12 April 1948
Place of birth	Ithaca, New York, USA
Date of death
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